Image via PYMNTS
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Finastra: Ma Activity
Finastra divested its Universal Banking (UB) global core banking software business to UK-based private equity firm Pollen Street Capital.
Source: PYMNTS
The leadership read
Consolidation of this kind shifts demand toward integration and transformation leadership bench strength in fintech.
Market context: The wider read — a Talent Market Index of 111.2 (Hot), up 5.2 month-on-month — shows EMEA signal flow easing (-4.4pts).
Finastra: 4 signals in the last 90 days — above the Fintech median of 1 across 101 tracked companies; 0.2% of MitchelLake's EMEA signal flow; 4 tracked across 17 days.
MitchelLake in this thematic
From the MitchelLake archive
Also at Finastra →
More signals across Fintech
Ma Activity · EMEA
Finova →Finova acquired AI lendtech start-up Cubit Labs. This is the first M&A transaction under new leadership (Gareth Richardson, appointed within the last year). Finova is Bain Capital-backed.
Ma Activity · EMEA
Backbase →Backbase acquired Kasisto, a financial services agentic AI specialist, to expand its banking technology platform capabilities.
Ma Activity · EMEA
Nuvei →Nuvei is reported to be pursuing a merger with Payoneer to strengthen position in stablecoin processing and SMB merchant reach.
Ma Activity · EMEA
Adyen →Adyen won a major UK government contract, replacing Stripe as the processor for the Gov.UK Pay payments platform
Ma Activity · EMEA
Mollie →Mollie acquiring GoCardless in €1.1bn deal, expected to finalize in H2 2026, integrating card payments and bank payments for 350,000+ businesses
Ma Activity · EMEA
Fawry →Egypt's second-largest fintech Fawry has embedded itself into the informal market through acquisitions, processing 6 million daily transactions
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